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Israeli Satellite Builder Sues Insurance Companies

January 29, 2018

Israel Aircraft Industries (IAI) has filed a NIS 300 million (about €71m) legal action against a consortium of insurers which includes Lloyds of London and giant insurer Marsh, over the loss of the Spacecom/Amos-6 satellite.

Amos-6 was lost in a catastrophic explosion and fire when it was being tested atop a SpaceX rocket back on September 1st 2016.

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